The multiwalled carbon nanotubes market in the Middle East & Africa is expected to grow from US$ 394.98 million in 2021 to US$ 525.59 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028.
Electrostatic discharge (ESD) is a major challenge in the space environment, and any space-related item must be ESD resistant. This is commonly accomplished by employing conductive materials such as silver to disperse any charges that could build up and cause damage. Carbon nanotubes may build an electrical network at low concentrations because of their huge aspect ratio, making 3D printing composite products easier. CNTs can make a plastic material conductive enough to be used in space even if the composite weight is 2%. Carbon nanotubes are known for their mechanical, electrical, and thermal capabilities, making them ideal for 3D printing polymer integration. Multiwalled carbon nanotubes (MWCNTs) have structural flaws that serve as nucleation sites for strong interactions with polymers, cross-linking, and functionalization. If carbon nanotubes are to be employed for increased CNT-based filaments, they must be dispersed uniformly in polymeric solutions. As a result, there is an increased focus on determining the concentration of CNTs that would surpass the percolation threshold (the transition between an insulating and conductive polymer) while maintaining 3D printing parameters. Thus, the increasing use of MWCNT in 3D printing composite material is giving rise to several key trends that will impact the MWCNTs market growth in the coming years.
Middle East & Africa Multiwalled Carbon Nanotubes Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Multiwalled Carbon Nanotubes Market Segmentation
The Middle East & Africa multiwalled carbon nanotubes market is segmented into application and country. Based on application, the market is segmented into electrically conductive polymers, structural composites, concrete additives, batteries, research and development, and others. In 2020, the batteries segment held the largest share of the Middle East & Africa multiwalled carbon nanotubes market. Based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa contributed a substantial share in 2020.
Arkem; Klean Industries Inc.; Kumho Petrochemical Co., Ltd.; LG Chem; Ocsial; Ossila Ltd; Raymor Industries Inc.; and Tokyo Chemical Industry Co., Ltd. are among the leading companies in the Middle East & Africa multiwalled carbon nanotubes market.
Middle East and Africa Multiwalled Carbon Nanotubes Market Strategic Insights
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Middle East and Africa Multiwalled Carbon Nanotubes Market Segmentation Analysis
Middle East and Africa Multiwalled Carbon Nanotubes Market Report Highlights
Middle East and Africa Multiwalled Carbon Nanotubes Report Scope
Report Attribute
Details
Market size in 2021
US$ 394.98 Million
Market Size by 2028
US$ 525.59 Million
CAGR (2021 - 2028)
4.2%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Application
Electrically Conductive Polymers
Structural Composites
Concrete Additives
Batteries
Research and Development
Regions and Countries Covered
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
Arkema
Klean Industries Inc.
Kumho Petrochemical Co., Ltd.
LG Chem
Ocsial
Ossila Ltd
Raymor Industries Inc.
Tokyo Chemical Industry Co., Ltd.
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Middle East and Africa Multiwalled Carbon Nanotubes Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East and Africa Multiwalled Carbon Nanotubes Market
Arkema
Klean Industries Inc.
Kumho Petrochemical Co., Ltd.
LG Chem
Ocsial
Ossila Ltd
Raymor Industries Inc.
Tokyo Chemical Industry Co., Ltd.
Frequently Asked Questions
How big is the Middle East and Africa Multiwalled Carbon Nanotubes Market?
The Middle East and Africa Multiwalled Carbon Nanotubes Market is valued at US$ 394.98 Million in 2021, it is projected to reach US$ 525.59 Million by 2028.
What is the CAGR for Middle East and Africa Multiwalled Carbon Nanotubes Market by (2021 - 2028)?
As per our report Middle East and Africa Multiwalled Carbon Nanotubes Market, the market size is valued at US$ 394.98 Million in 2021, projecting it to reach US$ 525.59 Million by 2028. This translates to a CAGR of approximately 4.2% during the forecast period.
What segments are covered in this report?
The Middle East and Africa Multiwalled Carbon Nanotubes Market report typically cover these key segments-
Application (Electrically Conductive Polymers, Structural Composites, Concrete Additives, Batteries, Research and Development)
What is the historic period, base year, and forecast period taken for Middle East and Africa Multiwalled Carbon Nanotubes Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Multiwalled Carbon Nanotubes Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Middle East and Africa Multiwalled Carbon Nanotubes Market?
The Middle East and Africa Multiwalled Carbon Nanotubes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Arkema
Klean Industries Inc.
Kumho Petrochemical Co., Ltd.
LG Chem
Ocsial
Ossila Ltd
Raymor Industries Inc.
Tokyo Chemical Industry Co., Ltd.
Who should buy this report?
The Middle East and Africa Multiwalled Carbon Nanotubes Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East and Africa Multiwalled Carbon Nanotubes Market value chain can benefit from the information contained in a comprehensive market report.
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